STOCKWATCH
·
Other Telecom Services
Partnership1 Jun 2025, 04:31 pm

RailTel Corporation of India Ltd. Selects Techno Electric & Engineering Co. Ltd. as Data Centre Partner

AI Summary

RailTel Corporation of India Ltd. has chosen M/s Techno Electric & Engineering Co. Ltd. as its Managed Service Data Centre Partner through an open tender process on a revenue-sharing basis. The partnership aims to set up a 10MW Data Centre in phases on RailTel's land in Noida. The Letter of Intent (LOI) has been issued to TECL. This decision is in line with SEBI regulations and the disclosure as per the SEBI circular No. SEBI/HO/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, is enclosed as Annexure-A.

Key Highlights

  • RailTel Corporation of India Ltd. has selected M/s Techno Electric & Engineering Co. Ltd. as its Managed Service Data Centre Partner.
  • The partnership is established through an open tender process on a revenue-sharing basis.
  • The Data Centre will be set up in phases on RailTel's land in Noida.
  • The Letter of Intent (LOI) has been issued to TECL.
  • This decision aligns with SEBI regulations and the disclosure as per the SEBI circular No. SEBI/HO/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, is enclosed as Annexure-A.
RAILTEL
Other Telecom Services
RailTel Corporation of India Ltd

Price Impact